Hannover RE Reviews

Updated February 14, 2015
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4.0
7 Reviews
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Hannover RE CEO Ulrich Wallin
Ulrich Wallin
3 Ratings

Employee Reviews

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  1. Has been good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Underwriter
    Current Employee - Underwriter

    I have been working at Hannover RE full-time (More than 3 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Good support from Top management

    Cons

    Not very good pay compared to others in the market

  2. Wonderful internship with a high functioning company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Actuarial Intern in Shanghai, Shanghai (China)
    Former Intern - Actuarial Intern in Shanghai, Shanghai (China)

    I worked at Hannover RE as an intern (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    great people, good hours, fair salary, coworkers who are willing to help, good training for beginners, understanding bosses and superiors

    Cons

    well established, hard to move up in the ranks, not much room for creativity and inspirational decisions, need to be willing to relocate

  3. Superb company to work in.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Actuarial Intern in Kuala Lumpur (Malaysia)
    Former Intern - Actuarial Intern in Kuala Lumpur (Malaysia)

    I worked at Hannover RE as an intern (Less than a year)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Friendly culture, dynamic environment, supportive superior for talented subordinates.

    Cons

    Small team, could have been better if they have bigger offices.

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  5. A small kid who can't play big game

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Hannover RE full-time (More than 8 years)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Good people at the central office

    Cons

    Lack of support for innovation
    Poor Pay Masters

    Advice to Management

    Decentralise in letter and spirit. Encourage talent within- intraprenuers would be key for next level

  6. Great place to work, niche industry, well paid and good benefits

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Hannover RE

    Recommends
    Recommends

    Pros

    - interesting industry
    - not affected by economic downturns despite being a financial services institution
    - fair basic salaries
    - great benefits in terms of annual leave, bonus, etc
    - fast career growth
    - many young people. great working environment

    Cons

    - career growth is limited when you reach higher level
    - information flow within company can be slow
    - not everyone in leadership position is suitable to work there
    '- HR department is not that awesome

    Advice to Management

    - talent retention - take it more serious
    - have some variable features according to performance and KPIs in your salary scheme
    - keep the flexi hours, they are awesome

  7. People here are very creative and helpful

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Hannover RE

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    The ideas here are original, and they are very unique and know the differentiation between them and the others in the reinsurance industry

    Cons

    It will make yourselves less competitive as time goes by, as one will not want to leave the company as the benefits are very good.

    Advice to Management

    It is better for the leaders to know more about the local offices and give more supports as they are the ones with the highest growth rate

  8. Gute Kulter, Top Leute, aber schlechte Bezahlung

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Aktuar in Hannover (Germany)
    Former Employee - Aktuar in Hannover (Germany)

    I worked at Hannover RE

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Gute Kultur,
    Intelligente Kollegen,
    Interessante Aufgaben im Vergleich zu Erstversicherungen

    Cons

    Gehalt. 42 Tsd für Einsteiger ist lächerlich bei den sehr hohen Anforderungen. Man ist schnell frustriert wenn man merkt wie geizig Hannover Rück mittlerweile ist.

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